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Dec 25, 2012 2:00am PST
and house speaker john boehner were working on a much bigger package obviously, not just to avoid the fiscal cliff but to try and tackle the long-term fiscal health of the country, trying to overall it was expected to raise some taxes, try to deal with entitlement reform and tax reform, those other big things like entitlement reform and tax reform get kicked into the new year, dana, so it's the gift that keeps on giving on this cli clifftmas. >> taking this pretty far. one of the key questions is whether or not senate democratic leader harry reid will be able to get enough republicans in the senate to vote on anything that will keep taxes low and maybe cut some spending. is the white house optimistic enough that the president might come back early to -- maybe he thinks he might have something to sign? >> i think it is expected that the president will come back early. probably whether or not he has something to sign because -- because obviously he's going to have to even maybe be twisting arms and lobbying some senators in his own party. the big question right now is what is this m
Dec 31, 2012 6:00pm PST
haven't heard what john boehner thinks about it, whether he thinks he can muster a majority. we're hearing from dana and jessica and you heard from the senator there are some problems on the democratic side of the senate on this, and the weirdest thing in the world, grover norquist, signed off on something that raises taxes on people who earn $400,000 as individuals or $450,000 as a household. you know, cats are sleeping with pigs today. it's very unusual, but it looks like everybody gets to say they got something out of this deal, but it's far from a complete deal. this is a puny, mini deal that $24 billion that dana was just talking about, it is a small portion of it, but it gives me hope in humanity that they were able to get a deal done. i don't want to jinx this thing. it's still only 9:20 on the east coast. >> everything i have been hearing from white house sources as far as the president was concerned, extending the unemployment benefits for 2 million americans, as far as he was concerned, that had to be in the deal. he wasn't going to accept anything short of that. >> i'm t
Dec 24, 2012 2:00am PST
discussion with not only speaker john boehner but the senate minority leader, mitch mcconnell and perhaps because of that, you have some of that pessimism of senator liberman being shared by republicans. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes and sees a political victory at the bottom of the cliff. gets additional tax revenue, gets to cut the military which democrats have been calling for for years and blame republicans for it. >> now, all eyes are now on the senate, which will reconvene on thursday. seen as likely that president obama will head back to washington from hawaii here. senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the
Search Results 0 to 2 of about 3